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: Benefits : Benefit Changes |
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In 2001 the Plan was amended to reduce the contribution required for purchasing service during maternity and/or parental leave. Previously, members had to contribute at two times the normal rate to buy back this service. With the new amendment for a maternity leave or paternal leave on or after December 31, 1993, members may buy back service at the regular contribution rate.
In addition, any member who paid two times the normal rate to purchase this service in the past will receive a refund. For more information please refer to the Maternity/Parental Buyback Reminder section.
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